Nobody can establish who first used the phrase 'evidence-based investing', and no regulator defines it. Robin Powell, who was given the name by Larry Swedroe in 2015 and is sometimes wrongly credited with coining it, sets out what it actually means: four tests of what counts as evidence, borrowed from a medical parallel that hit the same crisis twelve years ago. Including where he goes further than a global tracker, and why he holds that position less firmly than he used to.
Decades of research show that reliably spotting market bubbles before they burst is nigh on impossible. Despite warnings from experts, academic studies confirm market timing strategies consistently fail for most investors. Attempting to time markets leads to missed gains , higher transaction costs , and emotional stress. Instead, focus on diversification , controlling costs , and planning for volatility. The best defence against bubbles is preparation, not prediction.
TEBI
Jun 24, 20257 min read
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